Onyxcoin Price Struggles Amid Network Growth

The price of Onyxcoin (XCN) has remained stagnant despite showing some green in recent days, trading around $0.003.

This lackluster performance is puzzling given the growth and development of the underlying Onyx network, which includes a public Layer 1 blockchain, a private mesh layer, and XCN as its main utility token.

The Onyx project claims to have launched its mainnet on March 27, 2026, but despite this progress, XCN's price has not reflected the improvements in the network.

The supply of XCN is also a concern for investors, with a total supply limited to approximately 68.89 billion tokens and monthly emission rates set at 200 million tokens until March 1, 2030.